Econet Media has dismissed reports linking Kwese TV to bids for PSL broadcasting rights.

In a statement, the media group says they don’t have plans to acquire the rights now or in near future.

The Econet Media’s statement reads:

Our attention has been drawn to various reports linking Kwese TV, an entity of Econet Media, to bids for Zimbabwe Premier Soccer League (PSL) television Rights.

Econet Media wishes to make it clear that it has not submitted any bids nor entered into any negotiations for the said Rights and does not plan to do so now or in the near future.

As part of its strategy in Zimbabwe, Kwese has entered into arrangements with a number of local sports federations and will continue to develop further relationships with sports organisations.

However the PSL tender does not fall under the Company’s current rollout of products, programmes and activities.

In the meantime, it is important to highlight that a critical part of Kwese TV’s current rollout programme includes the establishment of comprehensive in-country infrastructure directly and in collaboration with selected partners to support production of local sports and entertainment programmes.

Econet Media acknowledges with gratitude the enthusiastic and overwhelming support it has received and continues to receive from Zimbabweans and will continue to build on its strategy to bring top quality entertainment at affordable prices whilst creating employment for entrepreneurs and young people.